FED DOES NOT TAPER!!! – INTEREST RATES WILL IMPROVE

FED DOES NOT TAPER   –   INTEREST RATES WILL IMPROVE.

September 18th, 2013

Big news today from the FED and the FOMC Meeting. 

The FED will NOT taper their bond purchasing program at the present time.  This has caused interest rates to improve with the MBS market currently trading up 126 basis points.

This improvement will help interest rates in the short term, though most believe the FED will still taper by the end of 2013. 

The FOMC meets again at the end of October.

If you would like an updated mortgage quote – please email rgreen@crosslinecapital.com the answers to the questions below:

-What are your objectives of a new loan – lower payment, cash out, purchase, pay off sooner, etc:

-Type of loan want – 30 year fixed, 5/1 ARM, etc:

-Full Address of property:

-Estimated Value of Home:

-Current Loan Amount (1^st and 2^nd separately if you have multiple mortgages):

-Do you want to escrow your taxes and insurance into your payment:

-Where are your credit scores:

REGGIE GREEN / BRANCH MANAGER AT CROSSLINE CAPITAL  /  480-206-5577

Fed does not taper!!